v3.26.1
STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Unvested RSUs Activity
Unvested RSUs and PSUs outstanding at December 31, 2025 and changes during the period ended December 31, 2025 are as follows:
RSUsPSUs
Number
of Shares
Weighted
Average
Grant Date
Fair Value
Number
of Shares(a)
Weighted
Average
Grant Date
Fair Value
(Shares in thousands)
Unvested at January 11,708$78.06 — $— 
Granted449 42.29 — — 
Vested(396)79.45 — — 
Forfeited(3)65.63 — — 
Unvested at March 30, 2025 prior to the Distribution adjustment1,758 68.62 — — 
Unvested at March 31, 2025 after the Distribution adjustment2,134 56.53 — — 
Granted in connection with the conversion of People Inc. SARs into unvested People Incorporated RSUs on April 15, 2025 (b)
562 33.77 — — 
Granted subsequent to April 15, 2025738 34.15 210 33.77 
Vested(761)65.43 — — 
Forfeited(72)41.59 — — 
Unvested at December 312,601$43.03 210 $33.77 
_____________________
(a)    Included in the table are PSUs which will vest in a varying amount depending upon the achievement of certain performance conditions. The PSU table above includes these awards at their maximum potential payout.
(b)    On April 15, 2025, the Company cancelled all outstanding People Inc. denominated stock appreciation rights and converted their intrinsic value into People Incorporated denominated RSUs. This modification did not result in any incremental stock-based compensation expense. The weighted average grant date fair value in the table above represents the closing stock price of the Company on April 15, 2025.
Schedule of Stock Options Outstanding
Stock options outstanding at December 31, 2025 and changes during the period ended December 31, 2025 are as follows:
December 31, 2025
SharesWeighted
Average
Exercise
Price
Weighted
Average
Remaining
Contractual
Term in Years
Aggregate
Intrinsic
Value
(Shares and intrinsic value in thousands)
Options Outstanding at January 12,449 $14.25 
Granted— — 
Exercised(1,022)15.33 
Forfeited— — 
Expired— — 
Options Outstanding at March 30, 2025 prior to the Distribution adjustment1,427 13.48 
Options Outstanding at March 31, 2025 after the Distribution adjustment1,732 11.11 
Granted— — 
Exercised(1,294)11.00 
Forfeited— — 
Expired— — 
Options Outstanding at December 31438 $11.44 0.8$12,121 
Options exercisable438 $11.44 0.8$12,121 
Schedule of Information for Stock Options Outstanding and Exercisable
The following table summarizes the information about stock options outstanding and exercisable at December 31, 2025:
Options OutstandingOptions Exercisable
Range of Exercise PricesOutstanding at December 31, 2025Weighted- Average Remaining Contractual Life in YearsWeighted- Average Exercise PriceExercisable at December 31, 2025Weighted- Average Remaining Contractual Life in YearsWeighted- Average Exercise Price
(Shares in thousands)
Less than $10.00
102 0.3$7.64 102 0.3$7.64 
$10.01 to $15.00
336 1.012.60 336 1.012.60 
438 0.8$11.44 438 0.8$11.44